Wyre Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Out of Business

  • Employees
  • 115

Employees

  • Latest Deal Type
  • Out of Business

  • Investors
  • 1

Wyre General Information

Description

Developer of a blockchain-based payment tool designed to change the future of international payment operations. The company's tool allows users to create compliant accounts that perform KYC checks on their customers and provides real-time payouts, same-day transfers, and direct-to-bank transfers, enabling businesses to move money across borders from country to country at a competitive foreign exchange rate.

Contact Information

Website
www.sendwyre.com
Formerly Known As
snapCard
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 1390 Market Street
  • Suite 200
  • San Francisco, CA 94102
  • United States
Primary Industry
Financial Software
Other Industries
Other Financial Services
Vertical(s)
SaaS, Cryptocurrency/Blockchain, FinTech, B2B Payments
Corporate Office
  • 1390 Market Street
  • Suite 200
  • San Francisco, CA 94102
  • United States

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Wyre Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Out of Business 15-Aug-2023 Completed Out of Business
12. Secondary Transaction - Private Completed Generating Revenue
11. Later Stage VC 13-Jan-2023 Completed Generating Revenue
10. Buyout/LBO (Add-on) 07-Apr-2022 Cancelled Generating Revenue
9. Later Stage VC 01-Mar-2022 Completed Generating Revenue
8. Later Stage VC (Series B) 01-Dec-2021 Completed Generating Revenue
7. Later Stage VC (Series B2) 01-Feb-2021 Completed Generating Revenue
6. Later Stage VC (Series B1) 03-Aug-2020 Completed Generating Revenue
5. Debt - PPP 29-Apr-2020 $15.5M Completed Generating Revenue
4. Later Stage VC (Series B) 14-Dec-2018 $8M $15.5M Completed Generating Revenue
To view Wyre’s complete valuation and funding history, request access »

Wyre Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A
Seed 5,744,266 $0.000010 $0.02 $0.3 $0.3 1x $0.3 15.77%
To view Wyre’s complete cap table history, request access »

Wyre Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a blockchain-based payment tool designed to change the future of international payment operations. The comp
Financial Software
San Francisco, CA
115 As of 2022

Luxembourg City, Luxembourg
 

Atlanta, GA
 
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Wyre Competitors (42)

One of Wyre’s 42 competitors is AZA Finance, a Venture Capital-Backed company based in Luxembourg City, Luxembourg.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
AZA Finance Venture Capital-Backed Luxembourg City, Luxembourg
BitPay Venture Capital-Backed Atlanta, GA
Nium Venture Capital-Backed Singapore, Singapore
Currencies Direct Private Equity-Backed London, United Kingdom
Wise Formerly VC-backed London, United Kingdom
You’re viewing 5 of 42 competitors. Get the full list »

Wyre Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Wyre Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240054479-A1 Systems and methods for open, secure, encrypted currency exchange and smart contract transactions Inactive 09-Aug-2022

Wyre Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Wyre Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Borderless Capital Venture Capital Minority
To view Wyre’s complete investors history, request access »

Wyre Investments & Acquisitions (3)

Wyre’s most recent deal was a Early Stage VC with ZeroHash for . The deal was made on 25-Sep-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ZeroHash 25-Sep-2019 Early Stage VC Other Financial Services
The Ocean 23-Sep-2019 Early Stage VC Other Financial Services
Remitsy 04-Apr-2017 Merger/Acquisition Other Financial Services
To view Wyre’s complete investments and acquisitions history, request access »

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Wyre FAQs

  • When was Wyre founded?

    Wyre was founded in 2013.

  • Where is Wyre headquartered?

    Wyre is headquartered in San Francisco, CA.

  • What is the size of Wyre?

    Wyre has 115 total employees.

  • What industry is Wyre in?

    Wyre’s primary industry is Financial Software.

  • Is Wyre a private or public company?

    Wyre is a Private company.

  • What is Wyre’s current revenue?

    The current revenue for Wyre is .

  • How much funding has Wyre raised over time?

    Wyre has raised $55.5M.

  • Who are Wyre’s investors?

    Borderless Capital has invested in Wyre.

  • Who are Wyre’s competitors?

    AZA Finance, BitPay, Nium, Currencies Direct, and Wise are some of the 42 competitors of Wyre.

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